I live in Hochelaga. A historically poor neighborhood. The units in my building started at 100k in 2010 when it was built.
I bought in 2019. All the places we visited were sold ~100k over asking price. Ours was 300k but we had to make an offer 80k over asking to be sure to get it.
The prices shown in realtor aren’t the prices the places are actually going for. They put a lower price knowing people are going to offer more. When they don’t get the offer they want, they cancel and start over.
Have you ever even bought a place? Do you even know what the market is like today in reality? Or are you just basing yourself on a few anecdotal posts on realtor.ca? What constitutes a reasonable price for a property for you exactly???
Edit: Who the fuck would live in Saint-Marc-sur-Richelieu to work in Montréal??? That’s over two hours by car in traffic. That area isn’t even considered the “greater Montreal area” because of how far that is. You’d know that if you ever lived here. Your examples are complete bullshit. And I’m sorry but that little shack in Longueuil? For 245k??? Are you fucking kidding? That piece of shit house shouldn’t even go for over 100k. Is that what you call reasonable?